The company was founded in 1886 and employs 2,780 people. Del Monte has four plants, two in the United States and two in ...

The company, founded in 1886, said it was voluntarily initiating Chapter 11 proceedings, citing mounting debt, economic headwinds and consumer spending shifts.

Del Monte Foods, the 139-year-old company best known for its canned fruits and vegetables, is filing for bankruptcy ...

Canned fruit company Del Monte Foods filed for bankruptcy, less than a year after executing a controversial debt restructuring.

Canned fruits and vegetables producer Del Monte has filed for bankruptcy and is seeking a buyer, the company announced on Monday.

The company has secured $912.5 million in financing to support itself through the proceedings, it said, adding that it intends to remain open and continue operations throughout the bankruptcy. The 135 ...